Buy on a level breakthrough of 1289 with 1303 target. Stop loss = 1279.
Reason for the trading strategy
Market participants do not doubt that today the US Federal Reserve will keep its benchmark interest rate unchanged at 0.5%. The regulator's forecasts on the interest rate rise for 2016-2018 will be of interest. According to our estimates, the federal funds rate will rise to 1% by the end of this year. The American regulator's soft rhetoric is likely to allow the gold prices to test the level of 1303 dollars once again.